It took the Die Hard franchise five installments to send its hero overseas, but Olympus Has Fallen, a.k.a. “Die Hard in the White House,” will get there considerably faster. According to a new report, Nu Image and Millennium Films are reuniting the entire principal cast of the first movie — including Gerard Butler, Aaron Eckhart, and Morgan Freeman — for London Has Fallen, set in, you guessed it, London. Hit the jump for more plot details.

There are two “Die Hard in the White House” movies set for release this year. One is Roland Emmerich’s White House Down, with Channing Tatum and Jamie Foxx. The other is Antoine Fuqua‘s Olympus Has Fallen, which features Gerard Butler as a secret service agent, Aaron Eckhart as the President of the United States, Morgan Freeman as the Speaker of the House, and a whole bunch of Asian antagonists.

Here, Butler’s agent pulls the POTUS from a wrecked limo just before it plunges off a bridge… with the First Lady inside. He’s removed from service, but ends up back in action when the White House is taken over by terrorists while he’s inside. As the President is held hostage and Butler works his violent magic from inside 1600 Pennsylvania Ave., Morgan Freeman’s Speaker manages the situation from the outside. It’s all very explosive, and even the Washington Monument takes a hit.

Even his brief stint in rehab doesn’t seem to have slowed down Gerard Butler much at all. With Movie 43, Playing the Field, and Of Men and Mavericks all due out this year, and Hunter Killer, Thunder Run, Brilliant, and How to Train Your Dragon 2 already on his upcoming slate, the Scottish star has booked yet another role. Described as “Die Hard in the White House,” Olympus Has Fallen will see Butler starring as an ex-Secret Service agent who’s called upon to serve his country once more when terrorists take over 1600 Pennsylvania Avenue.

Butler is also set to produce the action thriller from newbie writers Creighton Rothenberger and Katrin Benedikt, which is set up at Millennium. No director has been announced at this time, but with production scheduled for a September start we expect we’ll hear some news on that front soon. [THR]

After the jump, Phil Dunphy replaces Tony Stark, and that Extremely Loud and Incredibly Close kid gets two more jobs.